# 3 bedroom semi-detached house for rent (LN2 3TP)

## Property Details

| Key | Value |
|-----|-------|
| Address | 5 PICKNETT WAY, LINCOLN, DUNHOLME, LINCOLNSHIRE LN2 3TP |
| Price | £1,100 pcm |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Council tax | A |
| Floor area | 95 m² |
| Last sold | £215,000 Sep 2021 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** A
- **Expiry date:** 24/08/2031
- **Current heating cost:** £235/year
- **Est. upgrade cost to C:** £9,500

### Recommendations
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/3439-0138-1000-0445-9222)

## Description

**LOCATION** **** Picknett Way is situated within the popular village of Dunholme, which offers a good range of local amenities including shops, public houses, a primary school and regular bus services. The village also benefits from a strong sense of community and local green spaces. Lincoln City Centre is approximately four miles away and easily accessible via the A46, providing convenient access to the City Centre, Cathedral Quarter, university and railway station. 

**ACCOMMODATION** **** Available now, this well-presented Three Storey Home must be viewed to appreciate the size and finish on offer. The internal accommodation comprises of an Entrance Hall leading to an Open Plan Living Area with a fitted Kitchen including integral appliances such as a fridge, freezer and dishwasher, along with a downstairs WC, additional storage and access to the rear garden. To the First Floor are Bedroom One with an En Suite Shower Room, Bedroom Two and the Family Bathroom with a shower over the bath. The Second Floor provides a further spacious double Bedroom. 

**OUTSIDE** **** To the rear of the property there is an enclosed garden with a well established decking area, along with two allocated parking spaces. There is also a lawned garden to the front of the property. 

**RENT** **AND** **DEPOSIT** **** The asking Rent for the property is £1,100.00 per calendar month and the Tenancy Deposit is £1,265.00 (equal to 5 weeks' rent). 

The Holding Deposit for this property is £250.00 

**TENANCY** **TERM** **** The Landlord's preference is to let the property with a 12 month minimum/fixed term.  

**ADDITIONAL** **FEES** **** There are no application fees payable. You will be required to pay a Holding Deposit equal to one weeks rent to secure the property. More information on charges to Tenants can be found on our website -  

**VIEWINGS** **** By prior appointment through Mundys. 

**THE** **RENTERS** **RIGHTS** **ACT** **2025** **** New legislation is to be implemented in May 2026 and will affect existing and new tenancies. More information on the changes is available at:

## Property Photos

- ![Photo](/listings/photos/87490845/429551)
- ![Photo](/listings/photos/87490845/429552)
- ![Photo](/listings/photos/87490845/429553)
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## Floorplans

- ![Floorplan 1](/listings/photos/87490845/429581) - Floorplan 1

## EPC Graphs

- ![EPC Front Page](/listings/photos/87490845/429583) - EPC Front Page

## Rental Range

*ONS Price Index of Private Rents (West Lindsey). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £642/mo
- **Realistic:** £713/mo
- **Optimistic:** £784/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Lincoln (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £673/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Bungalow, Rivehall Avenue, LN2 | £1,000/mo | 3 | 1.04 miles | OpenRent |

**Average rent: £1,000/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,000/mo).*

- **Gross yield:** 1090.9%
- **Monthly cashflow:** £871/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3275.2%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £12/m²

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)